I have an insurance policy for Prescriptions RX that I pay premiums on. Are these premiums tax deductible?

March 10th, 2024

Can I claim 9 deductions for six months and then change back to one deduction for the other six months of the year?

September 22nd, 2024

My mother quit claimed her home to her and myself in 2002, and she passed away in October 2005. I would like to sell the house but am concerned about the capital gains tax. Can you tell me how much gains I'll have to pay? I was told it would be the difference between what she paid for it ($30,000) and what it could be sold for ($300,000).

August 8th, 2023

I live in Oklahoma. My grandmother died in California, leaving me a quarter of her estate. Will I have to pay California and Oklahoma taxes? If my share is $80,000, how much will I owe?

December 1st, 2023

If I receive a gift of $100,000 from a family member in New York City, NY, how much income and state tax will I have to pay in 2007?

December 16th, 2023